OctaFX | OctaFX Forex Broker
Open trading account
Back

USD/SGD MACD fails to challenge recent highs

USD/SGD could be facing downside pressure as its MACD failed to test recent highs.

A bearish divergence between USD/SGD spot behavior and the MACD over the last few weeks suggests downside vulnerability ahead. Further, the MACD line crossed below its signal line on a 4-hour closing basis, an event that can be interpreted as a bearish omen.

United Kingdom 10-y Bond Auction climbed from previous 1.82% to 1.94%

United Kingdom 10-y Bond Auction climbed from previous 1.82% to 1.94%
Read more Previous

South Africa Retail Sales (YoY): 2.7% (September) vs previous 3.9%

South Africa Retail Sales (YoY): 2.7% (September) vs previous 3.9%
Read more Next
Start livechat